Traxalt comes to introduce itself as a new solution for technology; it is based on the Stellar blockchain that has come to change the crypto world. Some of the benefits for using the Traxalt protocol are low operational costs, reduction of risks and transparency.
The Traxalt platform also includes protocols that can define standards to allow hashing the data to their public blockchain, letting the platform report and analyze all the data. For a crypto currency it is necessary to have a big community, which is the main reason why they have offered a referral program.
What is Traxalt?
Traxalt is a cryptocurrency, and it is considered as a new tool in the crypto market. It was released in the crypto market in June 2019. It is based on the Stellar blockchain which is also a widely used blockchain platform. This token focuses about bringing decentralized tools for individual and business use.
The Traxalt token was launched as a utility token that has multiple ways to use it, which will be utilized to ensure the platform security, engagement, and how it has growth.
Looking forward to fulfilling their objectives, the company has released a referral program, in order to get a bigger community and share the experience. It has helped to increase up to 36% the community since it has started. This type of tokens is being used to reward users and all participants, helping to increase the community and allowing many users to participate and get to know this token.
Where and how to buy Traxalt?
Traxalt is now available on the bitfoliex platform, where it was first launched. Since then, the usage has increased significantly. The development of new applications planned for this year will be solutions that are being created for different inconveniences. To buy Traxalt tokens you just need to have a bitfoliex account and activate your Stellar wallet paying the activation fee.
Traxalt protocol is built on top of the Stellar wallet and all the transactions will be broadcast to a public blockchain, be accounted and also audited. The best part of this protocol is that offers low costs, transparency and reduction of all kind of risks.
Traxalt is an Alternative coin, also known as altcoin, which were created after Bitcoin. The creation of altcoins is happening to be a solution for all the needs people can have and Bitcoin might not be the option they are looking for. There are a large number of altcoins but many of them did not build a big community, others are being successful.